The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains: Black Swans and the 2011 Earthquake-Tsunami Disaster that Hit Japan

Adrian E. Coronado Mondragon and Christian E. Coronado Mondragon

Chapter 4 in Sustaining Industrial Competitiveness after the Crisis, 2012, pp 104-113 from Palgrave Macmillan

Abstract: Abstract This chapter has the objective of highlighting the need to rethink the management of technological innovations, product complexity and modularity at a time when Black Swans — low-probability, high-impact events — can severely disrupt the operation of global supply chains. One industry sector in such need is the automotive as in the last decade this sector has experienced the adoption of a substantial number of innovations that have affected the design and production of motor vehicles.

Keywords: Supply Chain; Mass Customization; Modular Architecture; Global Supply Chain; Product Architecture (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-01098-8_5

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DOI: 10.1057/9781137010988_5

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